India, Sept. 1 -- After moving mostly lower over the two previous sessions, stocks are likely to see further downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.7 percent.
A continued spike by the price of crude oil is likely to weigh on Wall Street amid lingering concerns about the conflict in the Middle East.
U.S. crude oil futures are currently jumping by 2.5 percent on the day after surging by nearly 3 percent in the previous session.
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